Average Fraud Examiner Salary in Bahrain for 2024

In this article, we will look at the average Fraud Examiner salary for 2024 in Bahrain and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bahraini dinar. To keep things simple, we are using the BHD currency code instead of the currency symbol .د.ب.

How Much Does a Fraud Examiner Make in Bahrain?

A Fraud Examiner working in Bahrain will typically earn around 19,380 BHD per year, and this can range from the lowest average salary of about 10,380 BHD to the highest average salary of 33,440 BHD.

Average Annual Salary
19,380 BHD
Average Monthly Salary
1,615 BHD

Lowest Annual Salary
10,380 BHD
Lowest Monthly Salary
865 BHD

Highest Annual Salary
33,440 BHD
Highest Monthly Salary
2,786 BHD

These are average salaries for a Fraud Examiner in Bahrain and include benefits such as housing and transport. It's also possible for a Fraud Examiner to earn more or less than the average salaries shown above.

Fraud Examiner salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Fraud Examiner Salaries in Bahrain

So we've looked at the average salaries a Fraud Examiner will earn in Bahrain. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Fraud Examiner can earn between 10,380 BHD and 33,440 BHD on average in Bahrain. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Fraud Examiner in Bahrain is 19,980 BHD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 19,980 BHD, and 50% of the population earn more than 19,980 BHD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Fraud Examiner salary in Bahrain, 25% of the population are earning less than 12,620 BHD while 75% of the population earn more than 12,620 BHD.

75% of the population earn less than 28,720 BHD, and 25% of the population earn more than 28,720 BHD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Fraud Examiner Salary by Experience Level in Bahrain

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average fraud examiner salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Fraud Examiner in Bahrain that has less than two years of experience can expect to earn somewhere in the region of 12,840 BHD.
  • 2 - 5 Years Experience. With two to five years of experience the average Fraud Examiner salary would increase to 17,020 BHD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Fraud Examiner, the average salary would be 20,000 BHD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,080 BHD.
  • 15 - 20 Years Experience. A Fraud Examiner with 15 to 20 years of experience can earn an average of 27,620 BHD.
  • 20+ Years Experience. For a Fraud Examiner with more than 20 years, the expected average salary increases to 29,640 BHD.

Average Salary by Experience Chart

0-2 Years
12,840 BHD
2-5 Years +38%
17,020 BHD
5-10 Years +42%
20,000 BHD
10-15 Years +22%
26,080 BHD
15-20 Years +6%
27,620 BHD
20+ Years +9%
29,640 BHD

Fraud Examiner Salary by Education Level in Bahrain

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Fraud Examiner in Bahrain based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Fraud Examiner in Bahrain with a certificate or diploma education can earn an average salary of 12,000 BHD.

  • Bachelor's Degree. A Fraud Examiner in Bahrain with a bachelor's degree education can earn an average salary of 27,300 BHD.

Average Salary by Education Chart

Certificate or Diploma
12,000 BHD
Bachelor's Degree +91%
27,300 BHD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Bahrain is around 7,390 to 22,200 BHD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Fraud Examiner Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bahrain, a male fraud examiner will earn an average of 21,560 BHD, while a female fraud examiner will earn around 19,020 BHD.

This means that a male fraud examiner earns approximately 13% more than a female fraud examiner for performing the same job.

Average Salary by Gender Chart in Bahrain

Male
21,560 BHD
Female -13%
19,020 BHD

Fraud Examiner Average Pay Raise in Bahrain

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Fraud Examiner in Bahrain is around 5% every 32 months.

The national average pay raise across all professions and industries in Bahrain is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 5 ÷ 32 ) × 12  = 2%

What this means is that a Fraud Examiner in Bahrain can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Bahrain for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bahrain.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Fraud Examiner Bonus and Incentive Rates in Bahrain

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Fraud Examiner is a low bonus based job, with 16% of employees reporting at least one bonus in the last 12 months.

84% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus
16%
No Bonus
84%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bahrain earn approximately 8% more than private sector employees in the same role.

Public Sector
19,020 BHD
Private Sector -8%
17,540 BHD

Salaries for Jobs Similar to a Fraud Examiner

In the table below, we have salary information for jobs that are similar to a Fraud Examiner in Bahrain.

Job Title Category Salary
Accreditation Coordinator Law Enforcement / Security / Fire 15,580 BHD
Accreditation Manager Law Enforcement / Security / Fire 23,400 BHD
Advocate Law Enforcement / Security / Fire 13,780 BHD
Armed Security Officer Law Enforcement / Security / Fire 13,700 BHD
Company Guard Law Enforcement / Security / Fire 5,520 BHD
Control Room Operator Law Enforcement / Security / Fire 5,400 BHD
Correctional Officer Law Enforcement / Security / Fire 9,960 BHD
Criminal Investigator Law Enforcement / Security / Fire 21,380 BHD
Facility Monitor Law Enforcement / Security / Fire 12,520 BHD
Fire Chief Law Enforcement / Security / Fire 20,940 BHD
Fire Dispatcher Law Enforcement / Security / Fire 8,560 BHD
Fire Education Specialist Law Enforcement / Security / Fire 17,620 BHD
Fire Extinguisher Technician Law Enforcement / Security / Fire 6,080 BHD
Fire Fighter Law Enforcement / Security / Fire 9,460 BHD
Fire Inspector Law Enforcement / Security / Fire 17,760 BHD
Fire Investigator Law Enforcement / Security / Fire 20,300 BHD
Fire Prevention Engineer Law Enforcement / Security / Fire 16,880 BHD
Fire Prevention Officer Law Enforcement / Security / Fire 12,620 BHD
Fire Protection Specialist Law Enforcement / Security / Fire 16,720 BHD
Forensic Investigator Law Enforcement / Security / Fire 15,700 BHD
Forensic Science Technician Law Enforcement / Security / Fire 17,760 BHD
Fraud and Forensic Specialist Law Enforcement / Security / Fire 19,020 BHD
Grants Specialist Law Enforcement / Security / Fire 23,500 BHD
Intellectual Property Associate Law Enforcement / Security / Fire 18,780 BHD
Intelligence Research Specialist Law Enforcement / Security / Fire 27,560 BHD
Investigator Law Enforcement / Security / Fire 19,480 BHD
Jail Officer Law Enforcement / Security / Fire 10,100 BHD
Juvenile Probation Officer Law Enforcement / Security / Fire 13,560 BHD
Juvenile Supervision Officer Law Enforcement / Security / Fire 13,780 BHD
Lock-Smith Law Enforcement / Security / Fire 5,160 BHD
Parole Officer Law Enforcement / Security / Fire 10,380 BHD
Police Captain Law Enforcement / Security / Fire 21,300 BHD
Police Communications Officer Law Enforcement / Security / Fire 11,880 BHD
Police Officer Law Enforcement / Security / Fire 12,760 BHD
Police Patrol Officer Law Enforcement / Security / Fire 11,300 BHD
Prison Officer Law Enforcement / Security / Fire 7,300 BHD
Prisoner Custody Officer Law Enforcement / Security / Fire 7,620 BHD
Private Detective / Investigator Law Enforcement / Security / Fire 19,380 BHD
Security Adviser Law Enforcement / Security / Fire 16,980 BHD
Security Guard Law Enforcement / Security / Fire 6,700 BHD
Security Management Specialist Law Enforcement / Security / Fire 29,540 BHD
Security Manager Law Enforcement / Security / Fire 26,660 BHD
Security Officer Law Enforcement / Security / Fire 5,200 BHD
Security Supervisor Law Enforcement / Security / Fire 14,540 BHD
Security Systems Installer Law Enforcement / Security / Fire 17,260 BHD
Security Technician Law Enforcement / Security / Fire 5,400 BHD
Surveillance Operator Law Enforcement / Security / Fire 8,420 BHD
Traffic Controller Law Enforcement / Security / Fire 9,740 BHD

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